Maxxam Analytics and Analysts Inc. Combine Expertise to Launch New Lubricant and Oil Analysis Laboratory

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Jun 11, 2015, 12:33 ET

EDMONTON, Alberta, June 11, 2015 /PRNewswire/ -- Maxxam Analytics, the Canadian market leader in analytical solutions for the energy industry, now provides lubricant and oil analysis services with the opening of a new testing facility in Edmonton, Alberta. Utilizing the expertise of Analysts, Inc., a leading US provider of lubricant and oil testing, the new laboratory commences a global expansion of oil condition monitoring (OCM) services for parent company, Bureau Veritas.

The new laboratory will provide lubricant and oil analysis services, assisting maintenance managers in both the industrial and heavy duty equipment markets to predict failures and prevent catastrophic maintenance events. Using the exclusive Lube Oil Analysis Management System (LOAMS(SM)) developed by Analysts, Inc., any client with access to the internet can bring equipment testing and analysis data together in one application from anywhere around the world.

Oil analysis identifies trends in wear and contamination, and monitors changes in the physical properties of lubricants and hydraulic oils. Laboratory data analysts can then pinpoint equipment problems in the earliest stages and make informed recommendations that improve machine reliability, reduce maintenance and repair costs, and significantly extend equipment life.

"The opening of this Alberta laboratory confirms our commitment to support client needs for lubricant and oil analysis services in Canada," said Fred Hutchings, senior vice president of Petroleum Services of Maxxam Analytics.

"Bureau Veritas is pleased to now offer our oil condition monitoring services to existing and new customers in Canada. We will continue to leverage the industry expertise of Analysts, Inc. and their renowned LOAMS^SM software as we expand our OCM capabilities globally," said Matt Hopkinson, senior vice president, Global Oil & Gas of Bureau Veritas' Commodities Division.

Maxxam Analytics' Petroleum Technology Center is located at 6744 – 50 Street NW, Edmonton, AB T6B 3M9. For more information please call (855) 998-9899, visit maxxam.ca/ocm or email [email protected].

ABOUT MAXXAM ANALYTICS
Maxxam is the Canadian market leader in analytical services and solutions to the Energy, Environmental, Food and DNA industries and a member of the Bureau Veritas Group of companies. Maxxam supports critical decisions made by customers through the application of rigorous science and the knowledge and expertise of our over 2,500 employees.

For further information: www.maxxam.ca

ABOUT ANALYSTS, INC.
Analysts, Inc. is a full service oil analysis laboratory with over 55 years of industry experience and seven testing facilities throughout the United States, Mexico and Japan. Acquired in August, 2014, by Bureau Veritas, the company is recognized worldwide as a leading provider of lubricant testing and analysis, diagnostic evaluations and maintenance recommendations for equipment reliability. Analysts' services are utilized by a broad spectrum of industries, including production machinery, manufacturing equipment, power generation, marine, heavy construction, mining, trucking, transit and aircraft.

For further information: www.analystsinc.com

ABOUT BUREAU VERITAS
Bureau Veritas is a world leader in conformity assessment and certification services. Created in 1828, the Group now has 66,000 employees in some 1,400 offices and laboratories located in 140 countries and posted revenues of €4.1 billion in 2014.

For further information: www.bureauveritas.com

SOURCE Bureau Veritas